Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Royal Australian Navy selects Rheinmetall’s MASS for ship protection

(IN BRIEF) Rheinmetall has secured a €125 million order from the Royal Australian Navy and the Commonwealth of Australia for the Multi Ammunition Softkill System (MASS), which will initially be used to equip Hobart-class destroyers and ANZAC-class frigates. The first … Read the full press release

ERG to acquire 149 MWp solar power plant in Spain from IBV Solar Parks

(IN BRIEF) ERG, via its subsidiary ERG Spain HoldCo SLU, has signed an agreement to acquire a 100% stake in Garnacha Solar SL from IBV Solar Parks, BV, a company of the German group ib vogt GmbH. The solar power … Read the full press release

ECE’s Andreas Mattner to step down from Managing Director role in May 2023

(IN BRIEF) Dr. Andreas Mattner, the Managing Director of ECE Development & Consulting, will be leaving ECE on May 31, 2023, as planned, due to reasons of age. He played a significant role in building ECE’s division for the development … Read the full press release

EnBW’s Q1 2023 adjusted EBITDA expected to be €2.8 billion, driven by sustainable generation infrastructure

(IN BRIEF) EnBW, a German energy company, has reported a significant increase in its first-quarter operating result, with a Group adjusted EBITDA of €2.8 billion, compared to €1.2 billion generated in the same period last year. The earnings growth was … Read the full press release

EnBW opens one of Germany’s largest fast-charging stations with solar canopy

(IN BRIEF) EnBW, a German energy company, has opened a new fast-charging station with a solar canopy near the A7 autobahn. With 32 high-power charging (HPC) points, it is one of the largest fast-charging stations in Germany, and EnBW’s second-largest. … Read the full press release

Thales and Nozomi Networks Partner to Boost Industrial Cybersecurity

(IN BRIEF) Thales has partnered with Nozomi Networks to install network sensors at sites worldwide, providing dedicated and non-intrusive network supervision to enhance industrial cybersecurity and improve incident detection and response. The partnership expands Thales’s expertise in network monitoring and … Read the full press release

Škoda Auto provides 45 electric and hybrid vehicles for IIHF Ice Hockey World Championship

(IN BRIEF) Czech carmaker Škoda Auto has provided a fleet of 45 vehicles to the organisers of the 2023 IIHF Ice Hockey World Championship, as it has done since 1993. The vehicles, the majority of which are all-electric or plug-in … Read the full press release

Dassault Aviation Celebrates Six Decades of Innovation in Business Aviation

(IN BRIEF) French aircraft manufacturer Dassault Aviation marks the 60th anniversary of its first business jet, the Mystère 20, which was later rebranded as the Falcon 20. The plane’s success in the US market attracted buyers among entrepreneurs, government agencies, … Read the full press release

Sandoz’s distribution and collaboration agreement to bring more affordable treatments to the US

(IN BRIEF) Sandoz to commercialize six products exclusively in the US following distribution and collaboration agreement with Adalvo. The products are aimed at treating disorders that affect millions of people in the US each year, including antifungal/antibiotic, oncology, and pulmonary. … Read the full press release

Stora Enso’s Executive VP of Brand and Communications René Hansen to leave in 2023

(IN BRIEF) René Hansen, Executive Vice President for Brand and Communications at Stora Enso, will be leaving the company on May 4, 2023, to pursue new career opportunities outside the firm. Stora Enso’s President and CEO, Annica Bresky, thanked Hansen … Read the full press release

AFRY to improve production line at Valmet Automotive’s car plant in Finland

(IN BRIEF) AFRY, a Swedish engineering and consulting company, has signed a contract with Valmet Automotive, a car manufacturer, to improve and develop the manufacturing process and production line at its car plant in Finland. The project includes modifying part … Read the full press release

Ricoh to showcase new textile printing technologies at FESPA 2023

(IN BRIEF) Ricoh will be showcasing new, enhanced and collaborative technology aimed at helping textile creatives embrace fresh perspectives at FESPA, Europe’s leading exhibition for screen and digital, textile and wide format printing. The event will be held from May … Read the full press release

Accenture and Cervest collaborate on AI-powered climate intelligence platform

(IN BRIEF) Accenture Ventures Project Spotlight has partnered with Cervest, an AI-powered climate intelligence platform, to offer clients access to historical, current, and predictive climate data. The partnership will enable clients to assess and address asset and portfolio vulnerabilities for … Read the full press release

AAK Group reports strong start to 2023 with increased operating profit and cash flow

(IN BRIEF) Swedish food ingredients company AAK Group has reported a 43% rise in Q1 operating profit compared to the same period last year, driven by solid performance in its food ingredients and chocolate and confectionery fats business areas. Despite … Read the full press release

Henkel’s Q1 Sales Rise Thanks to Strong Organic Growth and Double-Digit Pricing

Henkel: Company is currently not capable to predict with sufficient reliability the impact COVID-19 will have on its business performance in 2020

(IN BRIEF) Henkel, the German consumer goods and adhesives manufacturer, announced a strong start to the year with group sales of approximately €5.6 billion in the first quarter of 2023. The company achieved a very strong organic sales growth of … Read the full press release

ANDRITZ expands offerings for food and feed industries with alternative protein solutions

(IN BRIEF) International technology group ANDRITZ is expanding its offerings to the food and feed industries by providing solutions for the production of alternative proteins. The company will help customers scale up their production of alternative proteins and provide support … Read the full press release

ANDRITZ successfully starts up velour loom for Foss Floors in US

(IN BRIEF) ANDRITZ has successfully launched a new velour loom at Foss Floors in Rome, US. The new 5.3 m loom, which produces flooring from recycled plastic, will help Foss Floors meet the growing customer demand for high-quality products. Every … Read the full press release

Rheinmetall Delivers Total Ship Trainer to Royal Thai Navy for Realistic Land-Based Training of Complete Ship Crews

(IN BRIEF) German defense and automotive company Rheinmetall will present its “Total Ship Trainer” at the IMDEX Asia trade fair in Singapore from May 3 to 5, 2023. The Total Ship Trainer is a networked and integrated solution for realistic … Read the full press release

Barclays to join LSEG and Microsoft Design Partner Programme for enhanced customer solutions

(IN BRIEF) LSEG and Barclays have entered into a new multi-year strategic partnership to enhance delivery for customers and clients and prepare for the next generation in financial services. The agreement includes a wide range of capabilities to support Barclays … Read the full press release

Salesforce and Accenture Join Forces to Enhance AI-Powered Customer Service Interactions

(IN BRIEF) Salesforce has announced a partnership with Accenture to establish a hub for generative artificial intelligence (AI) to accelerate the deployment of its Einstein GPT AI solution for customer relationship management (CRM). The companies will work together to develop … Read the full press release